Two world-class institutions. One global presence.
Jacobs Technion-Cornell Institute
How We Evolved
In 2010, the City of New York issued a competition for institutions around the world to propose a new applied sciences and engineering campus in New York City as a way to expedite the growth of NYC’s tech sector. Cornell University and the Technion-Israel Institute of Technology jointly submitted a proposal, as did 27 other institutions from eight countries.
In 2011, Mayor Michael R. Bloomberg announced the Cornell/Technion consortium as the winner of the competition. The winning proposal outlined plans to establish a new entity, Cornell Tech, comprised of a new campus on Roosevelt Island in Manhattan, several innovative graduate programs in the applied sciences — and the Technion-Cornell Innovation Institute. This early iteration of the Jacobs Institute created an academic partnership between Cornell and the Technion intended to directly foster technological innovation in key New York City industries.
In 2013, Dr. Irwin Mark Jacobs, Founding Chairman and CEO Emeritus of Qualcomm, and his wife, Joan Klein Jacobs, announced a $133 million gift to expand and rename the Technion-Cornell Innovation Institute as the Joan & Irwin Jacobs Technion-Cornell Institute.
“We are delighted to partner with Cornell and the Technion on this unique educational initiative,” said Joan and Irwin Jacobs, upon making their transformative gift. “We believe strongly in the mission of this international collaboration to drive innovation and to foster economic development. We are proud of our long association with both of these distinguished institutions and share their dedication to inspire and train a next generation of entrepreneurs, forming new companies and strengthening existing ones including, of course, Qualcomm.”
Since its founding, the Jacobs Institute has incubated more than 25 new startup companies which have filed 21 patent applications and secured more than $40 million in private funding. 84% of these companies are still operating and, in aggregate, they employ above 170 employees. All companies operate in New York City.
What Are Hubs?
Successful connective media platforms—such as Facebook, Reddit, The New York Times, and Uber—merge social science, information science, computer science, and engineering to change not just the way society uses technology, but the very fabric of society itself. New York City is the perfect laboratory for studying and improving connective media platforms and devices, with its high concentration of users and the growth of its burgeoning young technology sector.
Research and programs in this hub focuses on developing promising technologies that address issues driving healthcare costs up or quality of services down. Activities fall under three broad themes: technologies to promote healthier living; healthcare information systems; and technologies to improve medical monitoring and diagnosis.
This hub touches on several components of the built environment: building design and operation, city planning, transportation systems, and energy and power systems. Subsequently, research and technologies developed by students and faculty will call for a new kind of engineering—one that integrates the various disciplines not only with one another but also links the engineering perspective with architectural design and urban planning.
Israel is home to the greatest concentration of high-tech startup companies outside of Silicon Valley. And the Technion-Israel Institute of Technology is the leading producer of tech entrepreneurs in Israel. Over 70% of the country’s founders and managers of high-tech industries are Technion graduates.Learn More
Cornell is a private, Ivy League university and the land-grant university for New York State. Cornell’s mission is to discover, preserve, and disseminate knowledge; produce creative work; and promote a culture of broad inquiry throughout and beyond the Cornell community.Learn More
Joan Klein Jacobs and Dr. Irwin Mark Jacobs, Founding Chairman and CEO Emeritus of Qualcomm, are both Cornell alumni who have a long history of supporting both Cornell and the Technion-Israel Institute of Technology. Dr. Jacobs launched Qualcomm’s first international R&D Center in Haifa, Israel, in 1992, and staffed it entirely with Technion graduates.Learn More